General World News

AmeriHome revives IPO plans

Months after it delayed its $250 million initial public offering, AmeriHome has signaled that it may now be ready to enter the public markets.

The lender and servicer filed updated paperwork with the Securities and Exchanges Commission on Monday detailing its performance through Sept. 30.

According to the updated S-1, AmeriHome, owned by asset management firm Apollo Global, generated $173.8 million in net income during the third quarter. AmeriHome also originated $17 billion in residential loans during the third quarter.

The company is the No. 3 correspondent lender details ⇒

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